Serinus Energy NPV (SENX)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 2.15p
   
  • Change Today:
      0.000p
  • 52 Week High: 6.00
  • 52 Week Low: 1.93
  • Currency: UK Pounds
  • Shares Issued: 110.80m
  • Volume: 58,398
  • Market Cap: £2.38m

Serinus Energy gears up for maiden revenue from Romanian asset

By Iain Gilbert

Date: Friday 10 Aug 2018

LONDON (ShareCast) - (Sharecast News) - Serinus Energy expects to see gas sales from its Moftinu project in Romania begin in the coming weeks.
While Serinus awaited the completion of a gas processing plant on the site, the group focussed its efforts on finalising a gas sales deal for the site with an unnamed and "internationally recognized gas trader".

In terms of the group's financial performance, Serinus realised an oil price of $71.74 in the second quarter and $68.73 per barrel across the half, a marked improvement against the $47.25 and $49.72 recorded at the same time in 2017.

Serinus' revenue dropped 15.67% during the half to $4.69m, but still managed to narrow its losses 78% year-on-year to $338,000 after receiving $2.6m in insurance payments as a result of a claim made following emergency operations at its Moftinu-1001 well.

The London-listed firm spent a total of $7.4m on Moftinu throughout the first half.

As of 1030 BST, Serinus shares had lost 4.76% to 15p.

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SENX Market Data

Currency UK Pounds
Share Price 2.15p
Change Today 0.000p
% Change 0.00 %
52 Week High 6.00
52 Week Low 1.93
Volume 58,398
Shares Issued 110.80m
Market Cap £2.38m

SENX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.89% above the market average95.89% above the market average95.89% above the market average95.89% above the market average95.89% above the market average
92.11% above the sector average92.11% above the sector average92.11% above the sector average92.11% above the sector average92.11% above the sector average
Price Trend
81.6% below the market average81.6% below the market average81.6% below the market average81.6% below the market average81.6% below the market average
53.66% below the sector average53.66% below the sector average53.66% below the sector average53.66% below the sector average53.66% below the sector average
Income Not Available
Growth
79.72% below the market average79.72% below the market average79.72% below the market average79.72% below the market average79.72% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

SENX Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
12:57 10,000 @ 2.09p
09:15 47,392 @ 2.09p
08:20 43 @ 2.30p
08:20 43 @ 2.30p
08:20 500 @ 2.30p

SENX Key Personnel

Chair Łukasz Rędziniak

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